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The Everett 3890 W Colfax Ave 33 Unit Apartment Building For Sale Denver, CO 80204
Investment Highlights
- Prime Sloan’s Lake Location with Exceptional Connectivity to Downtown Denver
- New Construction Delivered in 2022 with Minimal Near-Term CapEx Needs
- Strong Market Tailwinds Driven by Rising Homeownership Costs and Investor Activity
- Favorable Demographic Profile with High Education Levels and Above-Average Incomes
- Attractive Amenity Package with Controlled Access, Parking, and Operational Efficiency
- Turnkey Asset with Superior Finishes and Strong Rent Upside Potential
Executive Summary
MMG Real Estate Advisors is pleased to present The Everett, a newly constructed 33-unit multifamily asset located in the high demand Sloan’s Lake / West Colfax corridor of Denver. Delivered in 2022, the property offers modern finishes, operational efficiency, and exceptional walkability to parks, transit, major employers, and
Denver’s most vibrant amenity clusters. Strong demographics, growing rental demand, and limited new supply in the submarket make The Everett a compelling opportunity
for investors seeking long-term stability in one of Denver’s most dynamic neighborhoods.
Denver’s most vibrant amenity clusters. Strong demographics, growing rental demand, and limited new supply in the submarket make The Everett a compelling opportunity
for investors seeking long-term stability in one of Denver’s most dynamic neighborhoods.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 33 | Building Size | 18,771 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Low-Rise | Parking Ratio | 0.43/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | U-MS-3 | ||
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 18,771 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 0.43/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | U-MS-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 33 | $1,394 | 399 - 519 |
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 5061-03-040 | Improvements Assessment | $71,990 (2025) |
| Land Assessment | $71,990 (2025) | Total Assessment | $538,820 (2025) |
Property Taxes
Parcel Number
5061-03-040
Land Assessment
$71,990 (2025)
Improvements Assessment
$71,990 (2025)
Total Assessment
$538,820 (2025)
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The Everett | 3890 W Colfax Ave
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